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Secrets of selling to the 1 per cent

Inside Retail

The US luxury retail market was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. I think the most important thing about our clientele is that the biggest luxury they crave is time. This group includes legacy players like Selfridges.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

It’s part of the mall’s rejuvenation to refresh and elevate its positioning among its clientele. Shoppers can expect a specially curated mix of well-established, premium brands, across fashion, beauty and lifestyle categories, with new retail formats and elevated shopping experiences. An eclectic mix. Attracting crowds.

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How Saks Fifth Avenue is tapping into the power of personal shopping

Inside Retail

According to global data and business intelligence platform Statista , the luxury goods market is projected to generate a revenue of US$368.9 The market is expected to grow at a compound annual growth rate of 3.22 per cent between 2024 to 2028, with luxury fashion making up the largest segment at an estimated market volume of US$115.9

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